article thumbnail

QOTD: What's Next for Cheap Cars?

The Truth About Cars

There are fewer cheap new cars on the market than ever, it seems, and the picture looks worse with the death of the Mitsubishi Mirage. These are usually not good cars -- I drove a rented Nissan Versa to upstate New York and back last summer and was quite happy to give the keys back -- but some people can only afford cheap cars.

Cheap 98
article thumbnail

Affordable EV incoming! Jeep locks in affordable electric SUV that will shock you with its price

EV Central

Stellantis boss Carlos Tavares has pledged that Jeep’s affordable all-electric SUV will be priced from less than US$25,000 ($A37,500) in the USA – almost US$19,000 less than the cheapest Tesla Model Y. “If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares said.

Jeep 78
article thumbnail

Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. A second VW-branded EV is also in the works that’s it’s thought Renault might co- develop.

Cheap 111
article thumbnail

Renault teases new ‘affordable’ electric city car

Electrek

Renault is teasing an upcoming “affordable” city electric car to replace the Twingo as it gears up for its investor’s day tomorrow. But will it be as cheap as the Dacia Spring, Europe’s best-selling (and cheapest!) more… The post Renault teases new ‘affordable’ electric city car appeared first on Electrek. electric car?

article thumbnail

VW Commits to a Very Cheap EV – in Europe

The Truth About Cars

Now, the brand is eagerly posting about the imminent introduction of a cheap-as-chips EV – in Europe. The post calls it a push towards entry-level mobility, setting standards for technology and design plus the obvious affordability factor. 7 in this country, deferring to changing market dynamics as a reason for the move.

Cheap 105
article thumbnail

Ford Will Build Profitable, Affordable Sub-$30,000 EVs

InsideEVs

Ford isn't making money selling EVs, but it's learning that consumers want cheap EVs. Ford promises to deliver them.

Ford 139
article thumbnail

Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. The previously reported cancellation of Tesla’s affordable EV also went out the door, at least on paper.